Income and wealth inequality are rising sharply, and capital is pulling far ahead of labor, which is creating a vast and quickly-widening divide between the classes… Read More The Coming Class Wars
Political economist Mark Blyth explains what austerity is and what it means for the people exposed to it. … Read More Economist Who Predicted Trump & Brexit Explains How System Screws You
Le Pen is campaigning on taking France out of the euro (after holding a referendum) and re-denominating the entire €2.4 trillion pile of French government debt into new franc. Then the government can just print the money it wants to spend… Read More What Would it Cost a Country to Leave the Euro? That’s What Everyone Suddenly Wants to Know
What are they seeing from their perch that we don’t?… Read More If Everything is so Bullish, Why Are Bank Insiders Dumping Their Shares at Record Pace?
Originally posted at The Real News Network
Short-sellers have a field day with Spain’s “Most Italian Bank”… Read More Crunch Time for “Zombie Bank… on Brink of Collapse”
Despite receiving some of the most generous public subsidies in recorded history, Europe’s financial sector continues to hemorrhage.… Read More Another European Bank Becomes a Penny Stock
How the ECB dictatorial regime used the liquidity weapon in order to impose its terms on the Irish government.… Read More ECB’s Silent Coup in Ireland